B.P. Marsh and Partners Plc has provided XPT with a further US$12.6m, through a purchase of existing equity and an additional loan facility.

This provision of funding will take place alongside the extension of XPT’s current banking facilities. At present, XPT has a US$67m banking facility with Apogem Capital LLC (“Apogem”). Alongside, B.P. Marsh’s new investment, Apogem will provide an additional US$55m loan facility, increasing XPT’s overall banking facility to US$122m.

Dan Topping, Chief Investment Officer of the Company, commented:

“We are delighted to support XPT Group with this additional funding. This investment reflects our continued confidence in XPT’s robust business model and impressive growth trajectory. Since our initial involvement in 2017, XPT has demonstrated exceptional performance, driven by strategic acquisitions, talent hires, and solid organic growth.

By increasing our equity stake and providing further loan support, we are reinforcing our commitment to XPT’s ongoing expansion. We look forward to seeing this new capital boost XPT’s growth strategy as they continue to cement their position in the market.

We are also pleased to welcome First Eagle Bank as a financial institution providing further funding support to XPT allowing it to continue its growth trajectory.”

In the short interview below, the team outline how the firm has consistently outpeformed the market